Contract Definition

A contract is any legally enforceable agreement whether or not it is titled “contract.”  Contracts include, but are not limited to:

• letters of agreement
• lecture or performance agreements
• licenses
• memoranda of understanding
• terms and conditions related to all types of transactions. 

All KSU contracts must be in writing.  An agreement may be a binding contract even though one party provides something of value to the other party at no charge.  Therefore, the University may have an interest even though there is no financial transaction.

The correct legal name of KSU, which should appear on all of KSU’s contracts, is “Board of Regents of the University System of Georgia by and on behalf of Kennesaw State University”.  The only exception to this rule is if the contract is with one of the cooperative organizations, e.g., KSU Athletic Association, KSU Foundation, KSU Research & Service Foundation, etc.